Vostok Emerging Finance led a US$25m Series C investment in Konfio, a Mexican lending platform for small businesses, with participation from existing investors KaszeK Ventures, Quona Capital, QED Investors and the IFC, among others. The IFC led Konfio’s US$10m Series B in 2017.

Vostok Emerging Finance led a US$55m Series C investment in Creditas, with participation from new investors Amadeus Capital Partners and Santander InnoVentures, and existing investors KaszeK Ventures, QED Investors, Quona Capital, the IFC and Naspers Fintech. In 2017 Creditas raised US$50m (led by Vostok) and a R$60m Series B (led by IFC).

Vostok Emerging Finance led a R$12m investment in FinanZero, a Brazilian credit marketplace, with participation from Webrock Ventures, Centro and others. Vostok’s investments in the region include Creditas, GuiaBolso and Nibo.

The International Finance Corporation (IFC) led a R$15m investment in Koin, a Brazilian fintech startup focused on after-delivery payment. (Reuters) A fintech de meios de pagamentos Koin anunciou nesta terça-feira…

Nibo is a fintech startup empowering small businesses to navigate Brazil’s complicated accounting and tax landscape. With 2,000 accountants on the platform, and integrations with over sixty major accounting software solutions in Brazil, Nibo raised a R$20m Series A from Swedish investor Vostok Emerging Finance, with participation from existing investors Redpoint eventures and Valor Capital, to scale their platform.

About LAVCA

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.